The country received 1 billion 19 million from the Carbon Sharing Fund
-
Media Baaji
- Sun, 16 November 2025
Kathmandu. After succeeding in reducing about 18 lakh 88 thousand tons of carbon dioxide emissions through the 'REDD Plus' emission reduction program under the Terai Arch region, the country has received one billion 190 million rupees from the Global Forest Carbon Partnership Fund.
This amount is the first payment Nepal has received under the Emission Reduction Payment Agreement ERPA under the fund. The World Bank issued a statement today saying that this has confirmed Nepal's efforts to prevent forest destruction and promote inclusive and sustainable forest management.
The bank expressed its belief that through this achievement, Nepal will be able to prevent forest destruction, increase biodiversity protection and expand sustainable livelihood opportunities for local communities. Secretary of the Ministry of Forests and Environment, Rajendra Prasad Mishra, said that the amount received proves the joint commitment of forest-dependent communities, tribal tribes and the government.
Express
Related News
Blood donation on the eve of Traffic Week 2082
Kathmandu. On the eve of Accident Reduction Special Campaign and Traffic Week 2082, Kathmandu Valley Traffic Police Office has organized a blood donation program at Ramshahpath on Friday for the support of road accident victims.
One hundred...
A bird struck a Buddha Air plane
Pokhara. A bird has hit a Buddha Air plane that came from Kathmandu to Pokhara. Buddha Air Pokhara station manager Gautam Baral informed that a bird collided with the plane during landing at Pokhara airport today at 3:45 p.m.
He informed t...
Seven-point agreement on electricity exchange between Nepal and India
Kathmandu. Nepal and India have agreed on seven points regarding electricity exchange, transmission system strengthening and construction of new international transmission lines. This agreement was reached at the 17th...
Chance of snowfall with light rain in the Himalayan areas of these two provinces today
Kathmandu. At present, no significant weather system is affecting the country, according to the Weather Forecast Division. At present, the weather is mostly clear in the hilly and Himalayan areas of Gandaki Provi...
Trekking at Annapurna Base Camp halted: Tourists brought to Narchang and Bhurung hot springs
Myagdi. Tourists who went on a visit to tourist spots in Myagdi and Mustang are in trouble after snowfall accompanied by light rain. Since last night, there has been light rain in the hilly areas and snowfall in the up...
Authority's appeal to support search, rescue and relief materials for Rasuwa flood victims
Kathmandu. The National Disaster Risk Reduction and Management Authority has said that due to the severe flood in Bhotekoshi, there has been a huge loss of life and the search, rescue and relief management operations are still ongoing in the affec...